'City of Looms' Fears for Its Future  KANNAPOLIS, N.C. (Reuters) - After a more than a century of  churning out towels, sheets and bedspreads for American homes,  there's no future for textiles in this self-proclaimed "city of  looms," and many other North Carolina towns fear the same fate. 
Is this a piece of news regarding world politics, sports, business, or science and technology? 